Statement by Senator Warren on Interest Rates

With his decision today, Chair Powell is putting Americans’ jobs at risk and making it more difficult for families across the country to afford a home or pay off their credit card bill.  President Trump inherited a strong economy, but costs are still too high for too many families. The Fed needs to cut interest rates further, and President Trump needs to take real action to lower costs – instead of causing chaos and shutting down programs that help families, seniors, and veterans.

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